Melinda Brown
Sell vs Rent and qualifying for capital gains exemption
Hello, I've been following BP for some time now and just am getting into the real estate world.My spouse and I have a primary residence (5/3b, 3K sq ft) in Monroe, Washington that we will have lived in for 2 years com...
Evan Williams
Tax HELP with STR — Maximize Write-Offs
Hey Guys...I’m hoping you can help me (legally) avoid sending the IRS a check for almost $30K.
I bought my first STR in November of 2018. It was a brand new build, and there was lots of work to do to get it set up. I...
Maxim Kats
Seller Financing (Pros and Cons)
Hey everyone,Fairly new to real estate investing, but recently stumbled on what I perceive as a good deal. Multi Family Property and when inquiring on financing options, seller financing was offered as a possible opti...
Loren Thomas
Strategy for breaking into large multifamily property
Hows this for a strategy. Let's pretend I have acquired 10 mixed real estate investments, single family and possibly duplexes or triplexes. Does it make sense to bundle that portfolio and sell it to raise capitol to b...
Brandon Stewart
How to determine how much home you can qualify for
I have a few people interested in a house that I am advertising Rent to Own, and i'm having a little trouble pre-qualifying them. I'm trying to get an estimate on how much of a home they can afford based on their debt...
Tesho Akindele
How to budget for repairs and capex
How do you guys budget for repairs and capex expenses when estimating cash flow. I have heard people recommend using a percentage of rent but that method doesn't seem practical to me for a variety of reasons. Are ther...
Vidit S.
What are the best types of lenders for a fund(not syndicate)?
Hi All - I am looking to set up a small fund of 2M to 3M focusing on buying 1 - 4 units. In my market, the value is about 120k per unit. In your experience, who is the best type of lender who understands the fund mode...
Timothy Frazier
Ever write a letter to an owner?
Have two properties I have been trying to chase down for awhile.One is a house that was badly damaged in a fire in 2015. Sadly the owners were older and the wife was very sick and did not make it out. Husband was not ...
Drew Dim
Turn primary residence into first rental
I have lived in my 3/2 1600sf house for almost 6 yrs. I refinanced over a year ago and my monthly payments are approx. $450 a month plus about $3500 in yearly taxes and HOA dues (it is in the Houston NW suburbs). ...
Todd Tanso
loans
hi my name is todd and i am new to investing. I AM LOOKING for some answers to help me with how i should borrow for my first investment? I have less then a year of tax returns with my business so going through bank wi...